MALIMBUS: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
MALIMBUS
Largest movements
- Receivables within one year -€10,989
down €10,989 (-77.5%), from €14,175 to €3,186
of which Trade receivables: -€9,000
- Cash +€4,420
up €4,420 (+2646.7%), from €167 to €4,587
mainly Other debts (+€12,049) and Receivables within one year (+€10,989)
- Tangible fixed assets -€2,883
down €2,883 (-1.7%), from €171,633 to €168,750
of which Furniture and vehicles: -€2,850
- Profit (loss) carried forward -€13,533
down €13,533 (-6.7%), from -€202,473 to -€216,006
- Other debts +€12,049
up €12,049 (+4.7%), from €254,925 to €266,974
- Debts after one year -€7,609
down €7,609 (-14.8%), from €51,439 to €43,830
- Depreciation -€3,599
down €3,599 (-89.8%), from €4,010 to €411
- Taxes +€3,088
up €3,088 (+2005.2%), from €154 to €3,242
- Gross operating margin +€2,614
up €2,614 (+29.5%), from -€8,862 to -€6,248
- Financial charges -€410
down €410 (-11.0%), from €3,732 to €3,322
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €185,975 | €176,523 | -€9,452 | -5.1% |
| Fixed assets | 21/28 | €171,633 | €168,750 | -€2,883 | -1.7% |
| Tangible fixed assets | 22/27 | €171,633 | €168,750 | -€2,883 | -1.7% |
| Land and buildings | 22 | €168,750 | €168,750 | = | 0.0% |
| Plant, machinery and equipment | 23 | €33 | - | -€33 | |
| Furniture and vehicles | 24 | €2,850 | - | -€2,850 | |
| Current assets | 29/58 | €14,342 | €7,773 | -€6,569 | -45.8% |
| Amounts receivable within one year | 40/41 | €14,175 | €3,186 | -€10,989 | -77.5% |
| Trade receivables | 40 | €9,787 | €787 | -€9,000 | -92.0% |
| Other amounts receivable | 41 | €4,388 | €2,399 | -€1,989 | -45.3% |
| Cash at bank and in hand | 54/58 | €167 | €4,587 | +€4,420 | +2646.7% |
| Total equity and liabilities | 10/49 | €185,975 | €176,523 | -€9,452 | -5.1% |
| Equity | 10/15 | -€125,561 | -€139,094 | -€13,533 | -10.8% |
| Contributions | 10/11 | €75,002 | €75,002 | = | 0.0% |
| Reserves | 13 | €1,910 | €1,910 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,910 | €1,910 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,910 | €1,910 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€202,473 | -€216,006 | -€13,533 | -6.7% |
| Amounts payable | 17/49 | €311,536 | €315,617 | +€4,081 | +1.3% |
| Amounts payable after more than one year | 17 | €51,439 | €43,830 | -€7,609 | -14.8% |
| Financial debts | 170/4 | €51,439 | €43,830 | -€7,609 | -14.8% |
| Amounts payable within one year | 42/48 | €260,097 | €271,787 | +€11,690 | +4.5% |
| Trade debts | 44 | €5,172 | €4,813 | -€359 | -6.9% |
| Suppliers | 440/4 | €5,172 | €4,813 | -€359 | -6.9% |
| Other amounts payable | 47/48 | €254,925 | €266,974 | +€12,049 | +4.7% |
| Non-recurring operating income | 76A | - | €6,685 | +€6,685 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,010 | €411 | -€3,599 | -89.8% |
| Other operating charges | 640/8 | €362 | €310 | -€52 | -14.4% |
| Gross operating margin | 9900 | -€8,862 | -€6,248 | +€2,614 | +29.5% |
| Operating profit (loss) | 9901 | -€13,234 | -€6,969 | +€6,265 | +47.3% |
| Financial charges | 65/66B | €3,732 | €3,322 | -€410 | -11.0% |
| Recurring financial charges | 65 | €3,732 | €3,322 | -€410 | -11.0% |
| Profit (loss) for the period before taxes | 9903 | -€16,966 | -€10,291 | +€6,675 | +39.3% |
| Income taxes | 67/77 | €154 | €3,242 | +€3,088 | +2005.2% |
| Profit (loss) for the period | 9904 | -€17,120 | -€13,533 | +€3,587 | +21.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,120 | -€13,533 | +€3,587 | +21.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.